Supplement coverage for federal employee
originally posted: 11/22/2006 reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If in doubt, please send a new question or ask for an update.
Q: My husband is a retired federal employee. We have primary health insurance through Blue Cross Blue Shield Federal. We are looking for a policy that would supplement this coverage. The policy we are looking for would pay the remaining costs including deductibles and co-pays. My husband is Medicare eligible but only has Part A. I am not Medicare eligible and we still have a daughter in college who is also covered by our current plan.
A: The product called "Value Health" and "Value Med" available at www.FreedomBenefits.net and the products called "Basic Health Insurance" at www.Basichealthinsurance.net are all specifically intended for this purpose. However, once becoming Medicare eligible, a Medicare supplement policy replaces these typical supplemental plans. Each pays a cash benefit directly to the policy holder. That benefit is paid in addition to any other insurance that is in force. For maximum coverage, you may combine all three of these policies if they are available in your state and you meet the medical eligibility requirements. All of these policies offer easy online enrollment throughout most of the U.S. and coverage starts on the first ay of the month following enrollment and first premium payment.
Summary
More resources:
FreedomBenefits.netValueHealth hospitalization insurance ValueMed outpatient insurance Basic Health Insurance